Infosys loses Rs 34,000 crore in market-cap in two days

Infosys dipped 14% in past two trading sessions to Rs 874, its lowest level since August 8, 2014

Infosys has lost  nearly Rs 34,000 crore in carket capitailisation (market-cap) in  the past two trading sessions after the resignation of Vishal Sikka from the post of Chief Executive Officer and Managing Director (CEO and MD).

At 03:30 pm; with a market-cap of Rs 200,640 crore on Monday, Infosys has lost Rs 33,915 crore market-cap in past two trading sessions, from Rs 234,555 crore on Thursday, August 17, 2017. The company has seen market-cap erosion of Rs 90,406 crore from its peak level of Rs 291,046 crore on July 6, 2016.

At the bourses, Infosys has dipped 14%